Capital Fund Management S.A. Has $5.15 Million Holdings in DuPont de Nemours, Inc. (NYSE:DD)

Capital Fund Management S.A. raised its stake in shares of DuPont de Nemours, Inc. (NYSE:DD - Free Report) by 13.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,504 shares of the basic materials company's stock after acquiring an additional 8,007 shares during the quarter. Capital Fund Management S.A.'s holdings in DuPont de Nemours were worth $5,147,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. M&T Bank Corp grew its holdings in shares of DuPont de Nemours by 0.7% during the third quarter. M&T Bank Corp now owns 1,734,503 shares of the basic materials company's stock worth $154,562,000 after purchasing an additional 11,870 shares during the last quarter. Morse Asset Management Inc lifted its position in shares of DuPont de Nemours by 29.3% during the third quarter. Morse Asset Management Inc now owns 24,897 shares of the basic materials company's stock worth $2,219,000 after purchasing an additional 5,642 shares in the last quarter. Tidal Investments LLC increased its stake in shares of DuPont de Nemours by 10.7% in the 3rd quarter. Tidal Investments LLC now owns 32,061 shares of the basic materials company's stock valued at $2,857,000 after buying an additional 3,096 shares during the period. Synovus Financial Corp boosted its holdings in DuPont de Nemours by 2.5% in the third quarter. Synovus Financial Corp now owns 36,538 shares of the basic materials company's stock valued at $3,256,000 after acquiring an additional 905 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in DuPont de Nemours by 9.8% in the third quarter. Franklin Resources Inc. now owns 6,410,485 shares of the basic materials company's stock worth $556,751,000 after purchasing an additional 570,703 shares during the period. Institutional investors and hedge funds own 73.96% of the company's stock.

DuPont de Nemours Stock Performance

DD stock traded up $0.88 during trading hours on Friday, reaching $60.13. The stock had a trading volume of 2,748,962 shares, compared to its average volume of 2,379,137. The stock has a 50-day simple moving average of $73.41 and a 200 day simple moving average of $78.20. DuPont de Nemours, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $90.06. The stock has a market capitalization of $25.16 billion, a PE ratio of 36.01, a price-to-earnings-growth ratio of 2.15 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 0.88.

DuPont de Nemours (NYSE:DD - Get Free Report) last issued its earnings results on Tuesday, February 11th. The basic materials company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. Analysts predict that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date was Monday, March 3rd. This is a boost from DuPont de Nemours's previous quarterly dividend of $0.38. DuPont de Nemours's dividend payout ratio is 98.20%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DD. JPMorgan Chase & Co. reduced their target price on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company reduced their price target on DuPont de Nemours from $105.00 to $81.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. StockNews.com downgraded shares of DuPont de Nemours from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Mizuho decreased their price target on shares of DuPont de Nemours from $100.00 to $80.00 and set an "outperform" rating for the company in a report on Tuesday. Finally, Bank of America raised DuPont de Nemours from an "underperform" rating to a "neutral" rating and decreased their target price for the company from $80.00 to $75.00 in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $87.71.

DuPont de Nemours Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.